Stats: Old Media’s Decline, New Media’s Ascent

Stats: Old Media’s Decline, New Media’s Ascent
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While old media is still on top, the trends in the survey, which has been conducted each of the last three years, point to a familiar story: media consumption habits are quickly changing. That said, some forms of new media are performing much better than others. For example:

- Blogs are now used by 24% of Internet users, up from 13% in 2006

- Social networks are now used by 26% of Internet users, up from 17% in 2006

- Videocasts are now used by 11% of Internet users, up from 6% in 2006

Slower growers include:

- RSS feeds: growing from 5 to 7 percent

- Podcasts: growing from 5 to 7 percent

- Business news sites: flat at 8 percent

Meanwhile, on the old media side of the house, some mediums are shrinking faster than others, with local TV news leading the decline, from 74% usage in 2006 to 62% last year. Cable news seems to be taking its place to some extent, growing from 47% to 49% usage in the same period. Here's the full chart, courtesy of eMarketer:

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The declining usage for old media isn’t much of a surprise. But looking at the growth rates for different forms of new media, it’s apparent that some tools are catching on way faster than others, also not a surprise if you consider the topics we tend to focus on: social networking, blogging, and video. In all, the study re-enforces what you should be focusing on and prioritizing if you’re responsible for getting a company up-and-running in the world of new media.

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